Rashid Yachts & Marina – Palace Residences — Mina Rashid, Dubai

Palace Residences at Rashid Yachts & Marina is an ultra-premium residential address developed by Emaar Properties, nestled within one of Dubai's most ambitious waterfront destinations — Mina Rashid. Bearing the prestigious Palace brand, synonymous with unrivalled luxury and impeccable hospitality, this residence redefines marina living by blending the grandeur of a five-star hotel experience with the intimacy and comfort of private home ownership. Set along the historic shores of Port Rashid, the development enjoys a commanding position overlooking a world-class marina capable of berthing some of the largest superyachts on the planet. Architecturally, Palace Residences draws inspiration from the golden age of seafaring exploration, translating maritime heritage into contemporary elegance. Clean lines, expansive glazing, and premium façade finishes create a visual dialogue between the building and the shimmering waters it overlooks. Interiors are curated to the highest specifications, featuring bespoke fittings, refined material palettes, and generous layouts that frame breathtaking views of the marina, the Arabian Gulf, and the Dubai skyline. Residents of Palace Residences enjoy privileged access to the full suite of amenities and services that define the Palace brand — from dedicated concierge and valet services to resort-style pools and curated dining experiences. The surrounding Rashid Yachts & Marina master community offers a vibrant waterfront promenade lined with boutique retail, gourmet restaurants, and leisure attractions, creating an all-encompassing lifestyle destination that rivals the world's greatest marina districts. Located just minutes from Downtown Dubai and Dubai Creek Harbour, Mina Rashid represents a rare convergence of heritage and modernity. Palace Residences stands as the crown jewel of this emerging district, offering residents a lifestyle that is at once cosmopolitan and deeply connected to Dubai's storied maritime past. This is waterfront living elevated to its purest, most luxurious expression.

Developer: Emaar Properties

Facilities: Infinity swimming pool overlooking the marina, State-of-the-art fitness centre and gymnasium, Dedicated residents' spa and wellness centre, 24-hour Palace-branded concierge and butler services, Private beach and waterfront access, Superyacht marina berthing access, Rooftop lounge and entertainment deck, Children's play area and kids' pool, Dedicated valet parking and secure basement parking, Residents' clubhouse and private dining room

DRE Advisory:

Nearby: Port Rashid Cruise Terminal, Museum of the Future (approx. 12 min drive), Dubai Frame (approx. 15 min drive), Al Seef Heritage District, Dubai Creek (approx. 10 min drive), Gold Souk & Deira Historic District

Residential Building

Rashid Yachts & Marina – Palace Residences

Mina Rashid · Dubai · Emaar Properties

From
AED 2,100,000
Expected Handover
Q1 2028
View Full Project Details

About Rashid Yachts & Marina – Palace Residences

Palace Residences at Rashid Yachts & Marina is an ultra-premium residential address developed by Emaar Properties, nestled within one of Dubai's most ambitious waterfront destinations — Mina Rashid. Bearing the prestigious Palace brand, synonymous with unrivalled luxury and impeccable hospitality, this residence redefines marina living by blending the grandeur of a five-star hotel experience with the intimacy and comfort of private home ownership. Set along the historic shores of Port Rashid, the development enjoys a commanding position overlooking a world-class marina capable of berthing some of the largest superyachts on the planet. Architecturally, Palace Residences draws inspiration from the golden age of seafaring exploration, translating maritime heritage into contemporary elegance. Clean lines, expansive glazing, and premium façade finishes create a visual dialogue between the building and the shimmering waters it overlooks. Interiors are curated to the highest specifications, featuring bespoke fittings, refined material palettes, and generous layouts that frame breathtaking views of the marina, the Arabian Gulf, and the Dubai skyline. Residents of Palace Residences enjoy privileged access to the full suite of amenities and services that define the Palace brand — from dedicated concierge and valet services to resort-style pools and curated dining experiences. The surrounding Rashid Yachts & Marina master community offers a vibrant waterfront promenade lined with boutique retail, gourmet restaurants, and leisure attractions, creating an all-encompassing lifestyle destination that rivals the world's greatest marina districts. Located just minutes from Downtown Dubai and Dubai Creek Harbour, Mina Rashid represents a rare convergence of heritage and modernity. Palace Residences stands as the crown jewel of this emerging district, offering residents a lifestyle that is at once cosmopolitan and deeply connected to Dubai's storied maritime past. This is waterfront living elevated to its purest, most luxurious expression.

DRE Advisory

District Real Estate has specialist knowledge of Rashid Yachts & Marina – Palace Residences and the wider Mina Rashid sub-market. Contact our advisory team for current resale inventory, yield analysis, and transaction support.

Community Feel

Palace Residences fosters an exclusive, cosmopolitan community where residents share an appreciation for refined living and the unique tranquility of waterfront life. The atmosphere is sophisticated yet relaxed — mornings are spent strolling along the marina promenade watching superyachts glide past, while evenings unfold at waterside restaurants and lounges with the Dubai skyline as a backdrop. The resident profile skews toward successful professionals, entrepreneurs, and international families who value privacy, prestige, and proximity to the best of Dubai's cultural and lifestyle offerings. It is a community defined by understated elegance.

Investment Outlook

Palace Residences at Rashid Yachts & Marina occupies a compelling position in Dubai's luxury real estate investment landscape. The Palace brand carries significant premium positioning, historically commanding strong capital appreciation and above-average rental yields compared to standard Emaar products. Waterfront branded residences in Dubai have consistently outperformed the broader market, with gross rental yields in comparable marina communities typically ranging between 5% and 7% annually, while capital values have demonstrated resilient upward trajectories even through broader market corrections. Demand drivers are multifaceted: the scarcity of genuine deep-water marina frontage in Dubai, the global brand equity of the Palace Hotels & Resorts name, and Emaar's proven track record of delivering lifestyle communities that retain value over time. Buyers tend to be high-net-worth individuals from Europe, GCC countries, Russia, CIS nations, and South Asia seeking either a primary luxury residence or a trophy asset with strong yield potential. The regeneration narrative of Mina Rashid — transforming a historic port into a world-class destination — further underpins long-term capital appreciation prospects, making this an astute acquisition for discerning investors.

Building Facilities

Infinity swimming pool overlooking the marina
State-of-the-art fitness centre and gymnasium
Dedicated residents' spa and wellness centre
24-hour Palace-branded concierge and butler services
Private beach and waterfront access
Superyacht marina berthing access
Rooftop lounge and entertainment deck
Children's play area and kids' pool
Dedicated valet parking and secure basement parking
Residents' clubhouse and private dining room

Getting Around

Mina Rashid benefits from direct access to Sheikh Zayed Road and Al Mina Road, placing residents within approximately 10 to 15 minutes of Downtown Dubai, Business Bay, and DIFC. Dubai International Airport is reachable in roughly 20 minutes by car. The area is also within convenient reach of Al Ghubaiba Metro Station on the Green Line, with bus connectivity along key arterial routes. The proximity to Dubai Creek Harbour further extends accessibility to the eastern growth corridor of the city.

Nearby Landmarks

  • Port Rashid Cruise Terminal
  • Museum of the Future (approx. 12 min drive)
  • Dubai Frame (approx. 15 min drive)
  • Al Seef Heritage District
  • Dubai Creek (approx. 10 min drive)
  • Gold Souk & Deira Historic District

Nearby Buildings

Rashid Yachts & Marina – Seagate by Emaar
Rashid Yachts & Marina – Harbour Lights by Damac
Dubai Wharf by Dubai Properties
Port de La Mer by Meraas (Jumeirah)
Creek Gate by Emaar (Dubai Creek Harbour)

Frequently Asked Questions

What makes Palace Residences different from other apartments at Rashid Yachts & Marina?

Palace Residences is the only development within Rashid Yachts & Marina that carries the prestigious Palace Hotels & Resorts brand. This means residents benefit from a hotel-level service offering — including dedicated concierge, housekeeping options, and access to Palace hospitality experiences — in addition to superior interior specifications and finishes that set it apart from the broader residential towers in the community.

Can non-UAE nationals purchase a residence in Palace Residences at Mina Rashid?

Yes. Rashid Yachts & Marina is designated as a freehold area in Dubai, meaning expatriates and foreign nationals can purchase property with full ownership rights. Buyers also become eligible to apply for a UAE residency visa, with a property valued at AED 750,000 or above qualifying for a standard investor visa and properties valued at AED 2 million or above qualifying for the Golden Visa.

What bedroom configurations are available at Palace Residences?

Palace Residences at Rashid Yachts & Marina offers a variety of residential unit types to suit different lifestyle needs, including one-bedroom, two-bedroom, and three-bedroom apartments, as well as larger premium units and penthouses. Prospective buyers are encouraged to contact District Real Estate for the latest availability and current floor plan options.

What is the expected rental yield for an investment in Palace Residences?

While yields vary depending on unit size, floor level, and market conditions at the time of letting, branded waterfront residences of this calibre in Dubai typically achieve gross rental yields in the range of 5% to 7% per annum. The Palace branding and marina frontage position this development at the premium end of the yield spectrum. District Real Estate can provide a tailored investment analysis based on current market data.

Is Rashid Yachts & Marina a completed community, and what amenities are currently operational?

Rashid Yachts & Marina is a phased master development by Emaar Properties, with the marina infrastructure and early phases progressively coming online. The superyacht marina, waterfront promenade, and select dining and retail offerings are among the facilities being activated as the community matures. Buyers should consult District Real Estate for the latest updates on community completion status and Palace Residences handover timelines.

Enquire About Rashid Yachts & Marina – Palace Residences

Our Mina Rashid specialists have access to current resale inventory, rental listings, and yield data for Rashid Yachts & Marina – Palace Residences. Let us help you make the right move.

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Building details are indicative and based on DRE research. Unit counts, sizes, and amenities may vary. Not investment advice. Verify all information with DRE advisors before transacting.

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